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Search Results 0 to 9 of about 10 (some duplicates have been removed)
FOX News
Dec 27, 2012 4:00pm PST
majority leader mitch mcconnell said there is still time to work out a deal. however, there is no firm evidence of any real plan. here is what we do know tonight. president obama cutting his vacation short arriving back in washington today. house lawmakers announcing late today they are now planning to return on sunday. but listen to the rhetoric. and you have to question whether that will do any good because near early everything that is coming out of d.c. is about blame. not answers. >> speaker boehner should call members of the house back to washington today. he shouldn't have let them go in fact. they are not here. they are not here. john boehner seems to care more about keeping his speakership than about keeping the nation on firm financial footing. >> harris: a spokesman for john boehner fired back "senator reid should talk less and legislate more." and senate minority leader mcconnell saying we should have worked all this out months ago. >> and republicans aren't about to write a blank check or anything senate democrats put forward just because we find ourselves at the edge of t
Dec 27, 2012 5:00pm PST
are still pointing fingers. take a look at mitch mcconnell and harry reid just this afternoon. >> you'll excuse me if i'm a little frustrated at the situation. >> republican leader finds himself frustrated. >> i say i'm frustrated because we have been asking the president and the democrats to work with us. >> he complains i have not delivered the votes. he's in error. >> i told the president i would be happy to look at whatever he opposes. >> he's upset because, quote, the phone never rang. >> as i said, this is a conversation we should have had months ago. >> we have nobody to work with, compromise. >> republicans aren't about to write a blank check. >> we can't negotiate with ourselves. that's all we're doing. >> we don't have many days left. >> we're in the same situation we have been in for a long time. >> as you can see, senate is back in session today. the house plans to be back on sunday. more now on the breaking news. dana bash joins us now from capitol hill. chief white house correspondent jessica yellin on the north lawn tonight. dana, i'll start with you. you listened to bi
FOX News
Dec 27, 2012 1:00pm PST
, four days to go, you heard from senate minority leader, and mitch mcconnell says we're heading over the fiscal cliff. the panic is just setting in. this is your world. taxpayers are starting to freak out because a half trillion dollars plus tax hit is about to kick in as a deal to avoid the fiscal cliff is no where are in sight and time is running out. we hit the streets to show people this. this graphic shows how big a tax hit you could expect depending on your income no matter where in the country you live. for folks who could soon be forced to pay higher taxes, reality setting in. >> january 1st, that's what your taxes would go up. >> wow. >> wow. >> wow is not wow. >> well, it's going to be somewhere between 8,000 to $12,000, which i don't have. so i'm not looking forward to that. >> we're living paycheck by paycheck. i have five kids and that's going to put us way down in the hole. >> i'm a single income, you've got to be kidding. >> that's a lot of money. >> we need to keep our money in our pockets to help our country first. >> that sucks. i have a lot more better things to do
Dec 29, 2012 7:00am EST
tomorrow afternoon. host: both majority leader harry reid and mitch mcconnell both expressed optimism after the meeting with the president. what is the basis of their optimism? is this a sign we might be one step, two steps, through step closer to a deal? caller: it does appear we are a step closer to a deal. they are talking about doing is extraordinarily popular stuff. except for the big marquee item, which is letting taxes rise on the wealthy. the rest of the stuff they are looking at doing the stuff they do all the time. it is extending an expiring tax policies. they know the benefit businesses. extent college tuition credits. there are looking at protecting people from the alternative minimum tax. it is all very urgent stuff that needs to be done. there are only two remotely controversial pieces of this, that is what to do with the estate tax and to how to define the wealthy people whose taxes are going to go up. the rest of it is, basically protecting people from tax hikes. i guess extending unemployment benefits and sometimes controversial for the republicans. it appears to have agre
Dec 28, 2012 6:30pm EST
would it look like? >> it is still on the table, what harry reid and mitch mcconnell are working on. the question is can they device something in the next 24 hours that would set an income tax hike threshold to $400,000 and use steps to use that revenue to defer the sequester, those automatic indiscriminate budget cuts nobody wants to happen. the question is going to be, can they get that done and get enough republicans in the senate to support it to convince the house to take it up? if not, the president and democrats are going to dare republicans to block an up or down vote on the president's proposal of tax hikes for everyone over $250,000. >> john harwood joining us from washington this evening. thanks so much, john. >>> and a program note. david gregory will have an exclusive interview with president obama on the fiscal cliff crisis this sunday on "meet the press." >>> and now to the weather. and more snow is on the way as we head into the new year's weekend, and that may not be the end of it. the weather channel's chris warren joins me now. chris, good evening. >> good evening
Dec 28, 2012 7:00am EST
. there are two good signs for optimism today. one is that leader mcconnell is actively engaged. you can't pass anything in the senate without democratic and republican votes because of the 60-vote barrier. we only have 53. for the first time, leader mcconnell is speaking to the president. if the senate is going to be the place where action starts, you need both of them there. the second reason for optimism is boehner is back at the table. because you can't pass something just through the senate. we see what a mess the house is. they couldn't even pass speaker boehner's own plan b. the fact that he's come back and the four of them are at the table means to me we could come up with some kind of agreement that would avoid the main parts of the fiscal cliff, particularly taxes going up on middle class people. now, i am hopeful, and it can be a balanced package. we've always said it should be a balanced package. the problem has not been democrats being willing to do cuts. we did $1 trillion of them last year. we're willing to do more this year. the problem is revenues. >> senator thune, if we go ov
Dec 28, 2012 8:00am PST
senator mcconnell that the november election -- that isn't true. the president was out there clearly saying there should be a continuation of the middle-class tax cuts, but not for the upper 2%, adding unemployment insurance. so essentially there's a stymie, a blockade by republicans who really don't want anything to happen that relates to tax rates. >> sir, you said you're disappointed. the huffington post is out where this new piece on product activity. we always hear the phrase the do-nothing congress, referring back to the 1940s, but side by side, 219 bills have been signed during this latest legislative body, and the 104th had 333 bills signed, so they are the do-nothing congress getting a bad rap comparatively. are the american people just supposed to sit by and expect this? because that's the way it is, the american people's hands are hogtied to whatever you guys want to do and whether you can get your act together. >> i don't think the american people should be silent. for example, on unemployment insurance, we've talked to people who will lose their benefits. it's bad for th
Dec 28, 2012 3:00am PST
, steny could have come up with a better met it at that for than that. that was senator reid and mcconnell and congressman hoyer in washington. brian sullivan is here and refuse rend al sharpton and richard wolf on assignment and joining us on set is rana and in washington eugene robinson. gene, thanks for getting dragged out of bed this morning. what was your initial reaction watching that clip of those three guys talking about this thing? >> you know, where are we? my initial feeling was this isn't going anywhere, and we have to go over the cliff and then they'll fix it. that's amy initial reaction. it doesn't sound like there's anything productive happening, if that's what everybody is still saying about the state of the negotiations. there don't seem to be any real negotiations. >> i have to say, i ought thought this is exactly where we'd be right now. in the beginning i couldn't believe it. >> why did you think that? >> because she's smarter than you. >> i middle east everybody is. >> i called up our washington bureau chief who is smart. right after the elections when everybody starte
Search Results 0 to 9 of about 10 (some duplicates have been removed)